Unemployment decreased by 58,000 in the three months to November 2014 to 1.91 million, with the unemployment rate now at 5.8 per cent, today’s labour market statistics reveal
Unemployment decreased by 58,000 in the three months to November 2014 to 1.91 million, with the unemployment rate now at 5.8 per cent, today’s labour market statistics reveal.
The key points for September to November 2014 are:
- Comparing the estimates for September to November 2014 with those for June to August 2014, employment continued to rise and unemployment continued to fall. These changes maintain the general direction of movement since late 2011/early 2012.
- There were 30.80 million people in work. This was 37,000 more than for June to August 2014, the smallest quarterly increase since March to May 2013. Comparing September to November 2014 with a year earlier, there were 512,000 more people in work.
- The proportion of people aged from 16 to 64 in work (the employment rate), was 73.0%, unchanged from June to August 2014 but higher than for a year earlier (72.0%).
- There were 1.91 million unemployed people. This was 58,000 fewer than for June to August 2014, the smallest quarterly fall since July to September 2013. Comparing September to November 2014 with a year earlier, there were 418,000 fewer unemployed people.
- The unemployment rate was 5.8%, lower than for June to August 2014 (6.0%) and lower than for a year earlier (7.1%). The unemployment rate is the proportion of the economically active population (those in work plus those seeking and available to work) who were unemployed.
- There were 9.09 million people aged from 16 to 64 who were out of work and not seeking or available to work (known as economically inactive). This was 66,000 more than for June to August 2014 and 41,000 more than for a year earlier.
- The proportion of people aged from 16 to 64 who were economically inactive (the inactivity rate) was 22.4%, slightly higher than for June to August 2014 (22.2%) and for a year earlier (22.3%).
- Comparing September to November 2014 with a year earlier, pay for employees in Great Britain increased by 1.7% including bonuses and by 1.8% excluding bonuses.
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4 Responses to “Unemployment down 58,000 to 1.91 million”
LB
Now cut taxes then people have more to spend.
Guest
Ah yes, cut tax so the poverty premium rises, and you make more money. At the expense of the poor who are now paying even more for the basics.
And of course you’ll use it as a further excuse to decry the NHS and pensions.
No, instead you should pay tax.
Leon Wolfeson
So “unemployment” ticks down slightly. Workfare’s up, economic inactivity is up, “self-employment” and part-time work is up. Wages are falling.
Full picture, thanks.
sarntcrip
STATISTICIANS RECKON IF THE CHANGE UP OR DOWN IS LESS THAN 100000 CLAIMS OF MOVEMENT EITHER WAY COULD BE WRONG